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$1,549,000
ACTIVE Status A12003041 MLS
Rare opportunity to acquire a fully occupied income producing property -fourplex- with flexible T5-L mixed zoning, multiple rental strategies, and included redevelopment plans in the heart of Miami's thriving MiMo District.Currently generating $95,040 in annual gross rental income, this property offers immediate cash flow while providing exceptional long-term upside through its highly desirable T5-L zoning.The property features a desirable unit mix consisting of one 2bedroom/2bathroom unit, two 1bedroom/1bath units, and one studio apartment, creating diversified rental income and broad tenant appeal.Situated on a 7,150 SF lot, this is far more than a traditional multifamily investment. The property's flexible mixed-use zoning supports multiple investment strategies, allowing an owner to continue operating as a successful long-term rental property, explore furnished or seasonal rental opportunities, pursue short-term rental uses, or incorporate compatible commercial and professional uses.For developers and value-add investors, the opportunity is even greater. The sale includes previously approved plans for a six-unit live/work multifamily building, offering valuable head start by potentially reducing entitlement timelines and accelerating the redevelopment process. This property uniquely combines cash flow today, exceptional zoning flexibility, and significant development potential in one of Miami's fastest-growing neighborhoods • Fully occupied four-unit income-producing property• $95,040 annual gross rental income• Desirable unit mix: one 2-bedroom, two 1-bedroom units, and one studio• T5-L (Urban Center – Limited) Miami 21 mixed-use zoning• Multiple rental strategies, including long-term, furnished, seasonal, and short-term rentals where permitted and licensed• Broad mixed-use potential for residential, retail, office, restaurant, wellness, and other compatible commercial uses (subject to City approvals)• Sale includes previously approved plans for a six-unit live/work multifamily development• Immediate cash flow with exceptional redevelopment and long-term appreciation potential• Prime location in Miami’s Historic MiMo District

571 NE 67th Street, Miami

$1,791,000
ACTIVE UNDER CONTRACT Status A12025996 MLS
Rare investment NO condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 Miami Modern (MiMo) architecture corner property on West Avenue Reflecting the clean lines, abundant natural light, and indoor outdoor living concepts that defined postwar Miami Beach design, each just under 1,200 square foot residence offers expansive living spaces, large dine in kitchens, private front and rear entrances On site 1 parking space per unit, and a flexible sun drenched Florida room framed by signature banks of windows, ideal for a home office, dining, or additional living space. Each unit is a corner unit two are top Floor one is 1st floor. Communal garden at the rear offering great potential.The property offers strong investor appeal. Improvements completed, include a 10 year old roof, 40 year recertification, impact windows throughout, updated electrical and plumbing, tankless water heaters, and central AC in each.A comparable unit within the building recently leased for $3,150/month, supporting strong rental demand. Two of the units rented below market value are currently occupied on month to month; one unit is vacant, creating immediate upside potential for an investor or owner occupant. Located just minutes from the beach, parks, cafés, restaurants, and shopping, this is a compelling opportunity . Units may be available for individual sale. Showings by appointment only with 24hr notice.

1460 E West Avenue, Miami Beach

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